Zerodha CEO Nitin Kamath, who is known for his educational comments related to stock markets and trading on social media platforms, on Saturday expressed apprehensions about a sharp fall in share prices of listed new-age technology companies across the world. Of. According to KamatoOnly a small percentage of technology firms are able to recover losses.
In a series of tweets, zerodha Head advises new-age tech firms to prioritize ‘low volatility long-term versus maximum short-term gains’ while forecasting growth.
Nitin Kamati stated that the net worth of core teams in most new-age businesses is tied to ESOPs, adding that “the more a company tries to raise prices in the short term, the greater the potential for major downside and volatility in the long term.” “.
Giving a witty reference to Bollywood megastar Amitabh Bachchan’s dialogues from the film Sarkar, ” Before looking at the near advantage, one should think of the distant loss (One should think about long-term losses before judging short-term gains)”, Kamath said, “when companies are evaluated on the basis of their project, counter-intuitively, compared to talking price. It might be a good idea to talk to me. Low volatility in the stock price is also probably something companies should try, which is also good for long-term investors”.
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